Logo ofCanadian Medical Center Co. (CMCER)
Canadian Medical Center Co. (CMCER) announced today, Sept. 24, that its board of directors decided to withdraw its previous recommendation to increase the company’s capital through a bonus share issuance.
In a statement to Tadawul, CMCER said the proposed capital hike will be reconsidered in light of its annual financial statements for 2026. The decision followed a review of the proposed increase and a reassessment of the company’s financial position.
According to Argaam data, CMCER’s board recommended in August a capital increase through the issuance of one bonus share for every four shares held by capitalizing SAR 19.25 million from retained earnings.
Logo ofCanadian Medical Center Co. (CMCER)
Canadian Medical Center Co. (CMCER) announced today, Sept. 24, that its board of directors decided to withdraw its previous recommendation to increase the company’s capital through a bonus share issuance.
In a statement to Tadawul, CMCER said the proposed capital hike will be reconsidered in light of its annual financial statements for 2026. The decision followed a review of the proposed increase and a reassessment of the company’s financial position.
According to Argaam data, CMCER’s board recommended in August a capital increase through the issuance of one bonus share for every four shares held by capitalizing SAR 19.25 million from retained earnings.
